alk-our story lyc and aru holders maybe switch, page-16

Hi Chihawk,

I agree, bought ALK mainly for it Zr products.
But I am extremely keen on their projected Dysprosium
production.
I think LYC has a 124ppm Dysprosium, and I believe ALKs is 127ppm. LYC has damn good Europium though (500+ppm)
The big difference I see is in the amount that each Co will eventually produce.
LYC from memory will produce less than 15tpa
whereas ALK will produce over 100tpa (based on the old
1Mtpa estimates AND if they do really have a working HREE process :-)).
Dysprosium demand is projected to increase at 10% pa (some say 20%) and at the current worldwide production of 1200tpa that means we need to see another ALK come on board every year.
So IMHO ALK has great exposure to the obvious major supply shortfall that Dysprosium will have and the consequent price hikes.
Dy has already hit US$1470/kg and will probably continue to climb.
I am also not really that interested in the gold, BUT the big sleeper could actually be the Porphyry Cu - a decent porphyry could easily put 500M onto the market cap of ALK all by itself.